A provision in the IRA law allowing individuals who receive lump-sum payments from a pension or profit-sharing plans to “rollover” into, or invest that sum in, an IRA. IRA funds can be “rolled over” from one investment to another.
Key Words
A provision in the IRA law allowing individuals who receive lump-sum payments from a pension or profit-sharing plans to “rollover” into, or invest that sum in, an IRA. IRA funds can be “rolled over” from one investment to another.